Cash Application Specialist

Misumi USASchaumburg, IL
1d$23 - $25Hybrid

About The Position

MISUMI is a global leader in manufacturing and automation components, supporting engineers and innovators with high-quality, configurable products delivered with speed and precision. As one of the most comprehensive and user-friendly resources for factory automation components, MISUMI offers an unmatched selection of standard and customized parts to meet precise customer specifications. We are committed to empowering customers to complete complex design work quickly and efficiently. At MISUMI USA, we value operational excellence, continuous improvement, and a collaborative culture. The Cash Application Specialist is responsible for processing a high volume of customer payments accurately and in a timely manner. This role plays a critical part in ensuring proper cash application, resolving unapplied cash issues, and maintaining strong collaboration with the Credit and Accounts Receivable teams. This role is ideal for someone who values structure, accuracy, and consistency, and takes pride in producing precise and reliable work.

Requirements

  • High School Diploma or equivalent
  • Minimum of 1 year of cash application experience
  • Strong aptitude for numbers and financial accuracy
  • Proficiency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)
  • Strong problem-solving skills
  • Effective written and verbal communication skills
  • High attention to detail with the ability to manage multiple responsibilities

Nice To Haves

  • Associate’s or Bachelor’s degree in Accounting, Finance, Business Administration, or related field

Responsibilities

  • Process daily customer payment applications
  • Process incoming payments via Lockbox, ACH/EFT, and Wires
  • Review lockbox deposits and process unmatched payments
  • Balance daily cash receipts including ACH, Wires, and Netting receipts
  • Resolve unapplied cash issues in partnership with the Credit Department
  • Collaborate closely with AR Specialists to ensure timely and accurate cash application
  • Enter invoice information into customer portals as required
  • Record electronic deposits
  • Perform additional accounting duties as assigned by the Credit & AR Supervisor

Benefits

  • Competitive compensation
  • Comprehensive medical, dental, and vision benefits
  • 401(k) with company match
  • Hybrid work flexibility
  • Paid time off, volunteer time off, company holidays, and one floating holiday
  • Growth and development opportunities
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service